LONDON (Alliance News) - Altus Strategies PLC said Wednesday it has discovered further zinc, cobalt, and copper at its Takzim project in central Morocco.
Altus shares were trading 8.3% higher at 3.90 pence each on Wednesday.
Among the highlights, the exploration company said surface samples include 4.64% zinc, 7.78% copper, and 0.15% cobalt from outcrop and grab samples across a series of veins.
"Exploration at our Takzim project, including the recently granted Takzim Est licences, has returned encouraging copper, cobalt and zinc results," Chief Executive Steven Poulton said.
He added: "Although at an early stage, we are encouraged by these further discoveries at Takzim. The next phase of exploration is currently being planned and will focus on establishing the potential source and scale of the copper, cobalt and zinc mineralisation discovered to date."
